PPP Loan information for Chutes family restaurant inc

$119,798

Chutes family restaurant inc was initially approved for PPP Loan of amount $119,798, the current approved amount is $119,798. The loan was approved on 01/28/2021 by The Norway Savings Bank reported 22 jobs and $119,798 was used to fund payroll.

Chutes family restaurant inc is Existing or more than 2 years old

PPP Loan Search / ME / Windham / Chutes family restaurant inc

CHUTES FAMILY RESTAURANT INC

Date Approved

01/28/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

CHUTES FAMILY RESTAURANT INC

Borrower Address

686 Roosevelt Trl

Borrower City

Windham

Borrower State

ME

Borrower Zip

04062-5288

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119798.00

Current Approval Amount

119798.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windham

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04062-5288

CD

ME-01

Jobs Reported

22

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

119796.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120602.12

Forgiveness Date

10/08/2021

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